Member Info for Sharetrader123

Bhargav who said you had a seat on the train anyway and you certainly won't be in first, second or third class however there is a job going in the buffet kitchen with a sink full of pots and pans with your name written all over it.

Seingred I'm well aware of the Warren Buffet phrase skin in the game however Brad and Lois investing in a few million shares can hardly be seen as proper skin in the game. I doubt either of them can afford the amount of shares that would fully satisfy everyone however sometimes a large investment by directors can skew their judgement which might see them make decision a that might suit their personal investment rather than the good of the majority of shareholders. Please take note of what the Dr is telling you regarding the board not buying at present.

Seingred skin I. The ga

First class or third class you will arrive at the same time. All aboard the gravy train

There certainly seems a few reoccurring themes that the doom and gloom merchants seem to cling to for reinforcing their negativity. Let's tackle the first one. Directors buying shares.

If directors of a company are buying shares in their own company, it can generally be seen as a positive sign. After all, they wouldn’t be buying if they were not confident right?

But to state the obvious, it is by no means a guarantee that the company is doing well and will prosper.

There’s no shortage of companies that have gone bust despite directors buying. For example, Openpay (ASX:OPY) went bust less than 2 years after then directors Yaniv Meydan and Michael Eidel bought $4m and $200,000 respectively at over $2 per share. There was a ‘step-change in business performance’ and the company ended up in the hands of the receivers.

Personally I would place more confidence in the fact that a well trained geologist such as Brad describes the Colombian asset as a once in a lifetime find opposed to him buying say £100000 worth of shares. We must also remember that Brad has been subject to extensive blackout periods where he could not have bought anyway and I certainly would not expect him to have bought during the lengthy C and M period.

With any director there is always an element of greed and we know Brad is putting his kids through college so if you were in that position then would you dig into your own funds to acquire a few million shares or wait will you were given the same share options further down the line for free?

If the asset is as good as Brad believes then him buying shares or not won't matter a jot when things are looking more positive.

Moo the train is leaving the station and we have our golden tickets but Bhargav and Johnstoneo have sabotaged the track further down the line.

Bhargav I'm just looking forward to the Pepas drilling to be honest and the time when you change into that chameleon who will sell his soul to remain relevant by forgetting everything negative and jumping on the positivity bandwagon when it's safe and fashionable to do so . I need my fix of you stating 50p is cheap for us and predicting £1 prices again

Bhargav you seem to be getting me mixed up with ST- Investments. I fully agree however with his assessment of you and Johnstoneo and the majority of the board seems to feel the same. The amount of time you both spend on here spouting negativity is unhealthy but no doubt we will only have to put up with this behaviour until we start drilling when you will either go silent or more likely try and remain relevant by changing your position yet again

Johnstoneo if I get it wrong then it's on me hands up and it's not Brad. In the same way just because you bought at a high level Brad didn't make you press the buy button so you have nothing to blame but yourself but it's easier to whinge and blame Brad rather than look in the mirror.

Yes Seingred my prediction was wrong as I didn't think they needed the raise straight away however I did recognise that a raise would be needed at some point soon. The good news here is that this funding include drilling at the Pepas prospect and the engagement of external consultants to examine results from 38,000m of drilling at the APTA prospect to determine if a Mineral Resource Estimate.

At least we know the money is being well spent and adds the stability whilst Pepas is being drilled.

Seingred are you suggesting you have a high average of 35p at the moment?

Johnstoneo, keep whining and the deal won't be done any quicker. Keep whining about Brad and the deal won't be done any quicker. Keep whining about Louis and the deal won't be done any quicker. Has the penny dropped yet?

Bhargav enjoy the weekend and remember do not overinflate the 25 psi limit 😂

Bhargav is your dog the blow up type like your millionaire girlfriend ?

He's obviously still limited on what he can say till the permission is granted. It's not difficult concept to understand but it's easier to just simply put the boot into Brad as usual.

Johnstoneo Brad is waiting for regulatory approval so why is that so hard to understand. Brad is in lmbo until he gets this approval so it's not a case of getting Brad moving as the issue is not with Brad. This has been pointed out to you on numerous occasions but it's not sinking in. It takes as long as it takes and no one can come up with a definitive timescale so you'll just have to wait it out like the rest of us.

Does that count for Uber ?

It could get to 10p in a day or two on the right news.

Rob if the SP shot into double figures then I don't think many would care much if Brad buys a few shares. I didn't hear many mentioning it when we were in the forties.

Johnstoneo it's only a dog of a share for you because you have such a high average. If you were wise enough to get I. It dipped below 2p then it wouldn't be a dog of a share. Even someone who has a high average like yourself should get back in profit before too long. Grizzling here on a daily basis however it a pointless excersize.